By ET Bureau - September 14, 2022 1 Mins Read
National Institute of Standards and Technology (NIST) of the US Department of Commerce has inked a joint research and development agreement with Google to develop and manufacture supply chips.
The collaboration will significantly reduce the cost of semiconductor and nanotechnology industry chips. According to NIST, Google will pay for the early costs of production setup and will subsidize the maiden production run. Since the agreement is expected to dramatically reduce the cost of chips, institutions and startup researchers will no longer face an access barrier.
The partnership will produce a bottom-layer chip with particular structures for measuring and evaluating the performance of the components placed on top of it.
Read More: Google partners with the US government to supply chips and spur innovation
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